Question
Required 1 Required 2 Determine the missing amounts.(Enter the answers in thousands of dollars.) ($ in 000s) required 1 Cash and cash equivalents$250,286 Short-term investments
- Required 1
- Required 2
Determine the missing amounts.(Enter the answers in thousands of dollars.)
($ in 000s)
required 1
Cash and cash equivalents$250,286
Short-term investments 365,700
Accounts receivable 516,944
Inventory
Prepaid expenses (current)95,259
Total current assets 1,714,927
Long-term receivables 122,800
Equipment (net)
Total assets
Notes payable (current)43,116
Accounts payable Accrued liabilities 433,772
Other current liabilities 193,604
Total current liabilities 705,564
Long-term debt Total liabilities 1,076,140
Common stock 490,627
Retained earnings 1,000,000
- Required 2
Prepare Trident's classified balance sheet.(Enter the answers in thousands of dollars.)
TRIDENT CORPORATION
Balance Sheet ($ in 000s)At December 31, 2021
Assets
Current assets:
Total current assets
Investments:
Property, plant, and equipment
Total assets
Liabilities and Shareholders' Equity
Current liabilities:
Total current liabilities
Long-term liabilities:
Total liabilities
Shareholders' equity
Total shareholders' equity
Total liabilities and shareholders' equity
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